IFoA April 2021 CM2 Paper A Solution Discussion

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This video is extremely helpful for actuarial students preparing for paper CM2. This video covers the tentative solution of IFoA April 2021 CM2 A exam.

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[muthukothaimeyyappan]

I think 8 (ii) should be probability of remaining solvent increases as the average claim reduces with increase in lambda [for exponential distribution E(X) = 1/lambda]
Also, we get the probability of remaining solvent as 0.99752 compared to 0.950213

[muthukothaimeyyappan]

I think 8 (i) (b) should be 1-e^-3 = 0.950213